Are U.S. stock-market investors getting dangerously complacent? Or is the expectation-defying 2023 rally due to continue?
The answers to these questions could ultimately depend on a few key factors, like whether megacap technology stocks can continue driving the main indexes higher, or whether traders’ expectations for calm have left U.S. stocks vulnerable for a surprise sucker punch as the Nasdaq Composite COMP flirts with a 20% rise from its fourth-quarter low.
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